Actuarial Manager – Pricing & Product Development – Life Insurer – Multiple Locations – c.£90,000

A leading U.K. Life Insurer is seeking talented and experienced actuaries with a specialisation in product development and pricing to join our dynamic team. If you have a passion for shaping innovative insurance products and have a knack for strategic pricing, this opportunity is perfect for you.

Working within the Product Development and Pricing team, you will play a crucial role in driving business growth and enhancing the competitive edge of the company. You will have the chance to showcase your expertise in developing cutting-edge insurance products that meet the evolving needs of customers while ensuring profitability and risk management.

Responsibilities:

• Lead the design, development, and implementation of new life insurance products tailored to specific market segments and customer preferences.
• Collaborate with cross-functional teams, including underwriting, marketing, and sales, to gather insights and ensure alignment between product features, pricing, and market demands.
• Utilise your deep understanding of actuarial techniques, market analysis, and competitive intelligence to develop pricing models that balance risk and profitability.
• Conduct in-depth analyses of pricing structures, profitability, and pricing assumptions to support strategic decision-making and achieve financial targets.
• Stay abreast of industry trends, regulatory changes, and emerging technologies in product development and pricing, incorporating relevant insights into our strategies.
• Nurture and guide junior team members as they advance through their actuarial exams, fostering the development of their skillset in the field.

Requirements:

• FIA Qualified actuary with demonstrated knowledge in product development and pricing within the U.K. Life insurance sector.
• Excellent knowledge of actuarial pricing methodologies, including experience in developing and validating pricing models.
• Proficiency in actuarial software and tools, such as Python or similar actuarial modelling software.
• Effective communication and presentation skills to convey actuarial concepts to both technical and non-technical stakeholders.

Join a collaborative and inclusive work environment that encourages professional growth and offers opportunities for career advancement. We provide a competitive compensation package along with attractive benefits, ensuring our employees are rewarded for their expertise and dedication.

Apply now and a member of our team will reach out to have a confidential conversation.